1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jlenok [28]
3 years ago
6

In a particular​ department, 8,200 units were started and all but 800 were completed at the end of the period. These 800 were​ 7

0% complete for materials and​ 30% for conversion costs. Costs added were​ $55,400 for materials and​ $52,100 for conversion costs. What is the total number of equivalent units for direct​ materials?
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

Equivalent units for direct materials 8,020

Explanation:

To calculate the problem, consider the following information.

Units completed during the year (8200-800) 7,400

+ Ending Work in Process (800*80%) 620

--------------------------------------------

Equivalent units for direct materials 8,020

You might be interested in
Suppose you consider buying a bond promising to pay you $25 one year from now and then the same amount every year through the fi
Archy [21]

Answer:

$3,667.44

Explanation:

The amount you would be willing to pay today can be determined by finding the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 to 4 = $25

Cash flow in year 5 = $25 + $5000

I = 7%

Present value = $3,667.44

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

6 0
3 years ago
Nick lives in San Diego and loves to eat desserts. He spends his entire weekly allowance on jello and pie. A bowl of jello is pr
OlgaM077 [116]

Answer:

Yes.

Explanation:

Market rate of exchange of jello for pie:

= Price of a piece of apple pie ÷ Price of jello

= $3.75 ÷ $1.25

= 3.00

At his current consumption point, Nick's marginal rate of substitution (MRS) of jello for pie = 3

Since MRS = Px/Py, hence, at this point of consumption bundle he is having a maximum level of utility.

Therefore, there is no need to change his consumption bundle because he is already at his maximum level.

4 0
3 years ago
A _____ is an instrument issued by a bank, post office, or express company indicating that the payee may request and receive the
Firdavs [7]
The answer is money order because it is an instrument used by a post office, express company and mostly by banks indicating that the payee may request and receive the amount indicated on the instrument or the money order. The money order is a trusted method of a payment than issuing a check because sometimes we get a bouncing check. A money order is a payment order for the amount of money you borrow in the banks or any express company that uses this instrument. And It is required that the funds should be prepaid for the amount shown in it.
5 0
3 years ago
Lein's net income is $200,000 and its operating cash flows are $240,000. The company reports total assets of $1.6 million and $1
yarga [219]

Answer:

14.1%

Explanation:

Cash return on assets is the ratio of a company's operating cash flow to its average total assets. It shows how a company is generating cash flow from its assets and compares a company’s profitability with other companies.

Cash return on assets = operating cash flow / average total assets

Given that:

operating cash flows = $240,000

Average total assets = ($1.6 million + $1.8 million) / 2 = $1.7 million.

Therefore, Cash return on assets = $240000 / $1.7 million = 0.141 = 14.1%

6 0
2 years ago
David wants to buy a pizza and go to the movies. However, he only has enough money to do one or the other. In order to decide wh
lyudmila [28]

I would go to the movies if it was up to me.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
    10·2 answers
  • If the price elasticity of demand is 1.8 then a 30 percent decrease in the price of the good will lead to a _______ percent incr
    10·1 answer
  • A customer has an individual cash account, an individual margin account, a joint cash account with his wife, and a custodial acc
    15·1 answer
  • Gilmore, Inc. recently embarked on an effort to increase coordination and cooperation within the company. During the process, Gi
    9·1 answer
  • According to mcclelland, managers who are extremely concerned about establishing and maintaining good interpersonal relationship
    11·1 answer
  • The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient
    9·1 answer
  • Easy money policy is _____.
    6·1 answer
  • Your uncle the banker offers to lend you $25,000 to start a new business. You will have to make a payment of $7,000 at the end o
    13·1 answer
  • Problem 4-53 (Algo) Special Order (LO 4-1, 2) Unter Components manufactures low-cost navigation systems for installation in ride
    10·1 answer
  • Which element of the business model addresses what a firm provides that other firms do not and cannot?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!